PRA Health Sciences (PRAH) Tops Q3 EPS by 3c; Updates Outlook

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Go back to PRA Health Sciences (PRAH) Tops Q3 EPS by 3c; Updates Outlook

PRA Health Sciences, Inc. Reports Third Quarter 2017 Results and Updates Full Year 2017 Guidance

October 25, 2017 4:00 PM EDT

Net new business of $598.5 million; Net book-to-bill of 1.26$494.6 million of service revenue; 23.7% actual growth and 18.9% organic growth at actual foreign exchange rates and 23.0% growth and 18.2% organic growth on a constant currency basisGAAP Net Income per diluted share was $0.73 and GAAP Net Income was $48.2 millionAdjusted Net Income per diluted share was $0.88 per share and Adjusted Net Income was $57.9 millionUpdating full year 2017 service revenue guidance to between $1.914 billion and $1.926 billion, GAAP net income per diluted share to between $2.31 and $2.38, and Adjusted Net Income per... More